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Elon Musk is the Richest Man in the World

Elon Musk is the richest man in the world. The CEO of Tesla and SpaceX beat Jeff Bezos who was previously the richest man in the world.

Elon Musk became the richest man after his fortunes broke through $200.7 billion. Bezos has a fortune of $192.5 billion.

Here are the facts about Elon Musk being the richest man in the world summarized matamatadot.com:

Third Person with $200 Billion Fortune

Elon Musk is now the third person to have a fortune of $200 billion.

Jeff Bezos, whose fortune first reached $200 billion in August 2020, and LVMV boss Bernard Arnault. As reported by Forbes.

Tesla Shares Rise 720%

Tesla’s stock increased more than 720% by 2020, helping boost Musk’s net worth by more than $125 billion in a year. After swapping places with Bezos as the world’s richest man for a few days in January, Tesla’s stock began to fall. In April, Musk was also defeated by Arnault.

Wealth is increasing rapidly

Elon Musk’s soaring fortune was followed by a rise in Tesla shares. Tesla shares continued their four-month rally, closing up 2.2 percent at $791.36, their highest since February this year.

Elon Musk’s fortune rose $3.8 billion to $203.4 billion at the close of the market. This surpassed the wealth of Bezos, whose wealth fell by $1 billion to $197.7 billion due to a 0.6% drop in Amazon stock.

Unusual Celebration

After becoming the richest man, Elon Musk made an unusual celebration. Elon Musk told Forbes that he sent a giant statue bearing the number two and a silver medal.

“I sent a giant statue with the number 2 to Jeffrey B along with a silver medal,” Musk wrote in a brief email to Forbes.

Giving a Strange Nickname to the Amazon Boss

In April 2019, Musk labeled Bezos a “copycat” using two cat emojis.

Bezos’ Amazon company has announced plans to launch an internet-beaming satellite that competes with Musk’s SpaceX. In addition, Amazon acquired self-driving car company Zoox which competes with Tesla in June 2020.

Bersaing dengan Jeff Bezos

Elon Musk and Jeff Bezos have long been competing as the richest people in the world. And now the two are competing in the space business. Elon Musk via SpaceX and Jeff Bezos via Blue Origin.

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